REGISTERED NUMBER: 08806638 (England and Wales)

K Cotterill Removals Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

S Cotterill

Mrs S Cotterill

Registered office:

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Registered number:

08806638 (England and Wales)

Accountants:

Mitchell Charlesworth

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

43,584

58,104

Current assets

Debtors

5

86,108

101,721

Cash at bank

4,999

16,413

91,107

118,134

Creditors

Amounts falling due within one year

6

(54,552

)

(69,349

)

Net current assets

36,555

48,785

Total assets less current liabilities

80,139

106,889

Creditors

Amounts falling due after more than one year

7

-

(10,084

)

Provisions for liabilities

(3,920

)

(4,124

)

Net assets

76,219

92,681

Capital and reserves

Called up share capital

8

2

2

Retained earnings

76,217

92,679

Shareholders' funds

76,219

92,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

S Cotterill - Director

1.	Statutory information

K Cotterill Removals Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents invoiced sales.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 January 2024

and 31 December 2024

87,780

Depreciation

At 1 January 2024

29,676

Charge for year

14,520

At 31 December 2024

44,196

Net book value

At 31 December 2024

43,584

At 31 December 2023

58,104

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

Cost

At 1 January 2024

and 31 December 2024

50,000

Depreciation

At 1 January 2024

12,500

Charge for year

9,375

At 31 December 2024

21,875

Net book value

At 31 December 2024

28,125

At 31 December 2023

37,500

5.

Debtors: amounts falling due within one year

31.12.24

31.12.23

£

£

Other debtors

86,108

101,721

6.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Hire purchase contracts

13,417

16,333

Trade creditors

-

18,000

Taxation and social security

33,885

30,488

Other creditors

7,250

4,528

54,552

69,349

7.

Creditors: amounts falling due after more than one year

31.12.24

31.12.23

£

£

Hire purchase contracts

-

10,084

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

2

Ordinary

£1.00

2

2

9.	Related party disclosures

During the year the company paid back £12,219 in loans from K Cotterill Transport Ltd where Mr & Mrs Cotterill have material interests as shareholders and directors, the balance of the loan at the year end were £86,108 (£98,327)